By: AdminDate: September 04, 2024Categories: GST Case Law | Important NewsRead Time: 4 Min AAR Ruling on GST Exemption for Professional Services The Authority for Advance Rulings (AAR), Karnataka, recently…
GSTN Issues Advisory on Reporting Supplies to Unregistered Dealers in GSTR-1 and GSTR-5
By: AdminDate: September 04, 2024Categories: GST Portal Updates | Important NewsRead Time: 4 Min GSTN Advisory on Reporting Supplies to Unregistered Dealers On September 3, 2024, the Goods and Services…
HC Directs Department to Consider Data in GSTR-9 Not Reported in GSTR-1 and GSTR-3B
By: AdminDate: September 03, 2024Categories: Important PronouncementsRead Time: 4 Min Calcutta High Court Directs Consideration of GSTR-9 Data The Hon'ble Calcutta High Court, in the case of Ankit Kumar Aggarwal…
Not Applicable on Recovery of Joining Bonus, Retention Bonus, WFH Allowance, and TAP Expenses
By: AdminDate: September 03, 2024Categories: Advance Ruling-NewRead Time: 4 Min The AAR Karnataka, in the case of In re., M/s. Fidelity Information Services India (P.) Ltd. [Advance Ruling No. KAR/ADRG/31/2024…
Related-Party Transactions May Be Excluded from GST Ambit
By: Admin | August 29, 2024 | Categories: GST Recent News | 4 Min Read The Indian government is considering excluding related-party transactions from the ambit of Goods and Services…
Central GST Audit Commissionerate Detects ₹1,040 Crore Tax Evasion in Andhra Pradesh Till July, Says offical
By: Admin | August 27, 2024 | Categories: GST Recent News | 4 Min Read The Central GST Audit Commissionerate in Andhra Pradesh has uncovered tax evasion totaling ₹1,040 crore…
Attention, GST Taxpayers! Mandatory Bank Account Details Required from September 1
By: Admin | August 27, 2024 | Categories: GST Recent News | 4 Min Read Starting September 1, 2024, GST taxpayers must furnish valid bank account details to file their…
Finance Ministry to Announce GST Amnesty Scheme Circular by October or November
By: Admin | August 26, 2024 | Categories: GST Recent News | 4 Min Read The Ministry of Finance is set to issue a circular on the GST Amnesty Scheme,…
GSTN Advisory on Biometric Aadhaar Authentication for GST Registration
Introduction to Biometric Aadhaar Authentication in GST Registration The GST Network (GSTN) has released Advisory No. 515, effective August 24, 2024, detailing new procedures for GST registration. This advisory introduces…
DGGI Issues ₹220 Crore GST Notices to Seven Major Institutes
Overview of DGGI GST Notices Recently, the Directorate General of GST Intelligence (DGGI) issued GST show-cause notices totaling ₹220 crore. These notices were sent to seven prominent educational institutions in…